Maruti Suzuki to hike prices in the range of 2-4 percent from January

New Delhi: Maruti Suzuki India, the country's largest car maker, plans to hike prices of its models in the range of 2-4 percent from next month in order to partially offset the impact of rising input costs.

"We are planning to increase the prices in the range of 2-4 per cent across our entire range of products from January. It was in October 2013 that we had taken our last price hike," Maruti Suzuki India (MSI), Executive Director (Marketing and Sales) RS Kalsi informed.

The company had been absorbing the impact of higher input cost for quite some time now, he said.

"We have been absorbing the impact of higher input costs for quite some time now but we did not hike the prices because the market was not doing well."